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• <br />' SAND AND GRAVEL LEASE <br />(8urfaca) <br />LESSORt Cross Mountain Ranch Limited, P.O. Box 458, Santa Barbara, CA 93102 <br />LE88EEs NO!!AT COUNTY, a body politic, by <br />the Board of Couaty Cool.asioa~ra <br />PROPERTY; ear 6:habit "A" attached h~r~to <br />\ ~ <br />DATE t ~ ` ! L~ , ,~ ( ~ O <br />R E C I T A L S <br />A. Leeeor owns the surface of the Property. <br />B. Lessee wishes to enter the surface for the purpose <br />of extracting Band and gravel. <br />C. Leeeor and Lessee have agreed to a price for the right <br />to enter the surface and term for this Lease. <br />NOW THEREFORE, for a good and valuable consideration the parties agree ae follower <br />1. TITLE Leeeor grants and warrants to Leeeee the right to enter upon the Property to <br />remove sand and gravel (herein, "mining"). This grant includes the right of entrance with <br />trucks and crusher plants and the right to leave such equipment on the Property during mining <br />and reclamation. <br />The rights granted hereunder shall be exclusive in the sense that the Leeeor will <br />not grant to anyone else the privilege of removing sand and gravel from the Property during <br />the period hereof or until reclamatlon ie completed. Leeeor reserves the right at any time <br />during the term hereof to go on and use the Property for any purpose whatsoever, but without <br />unreasonable interference with the right of the Leeeee. <br />2. TERN This Lease shall extend for a period of five years from the date <br />hereof, with the option on the part of the Leeeee to renew this Lease for an additional <br />period of five years. <br />In the event Leeeee desires to renew this Lease, the price per cubic yard for <br />surface damages shall be negotiated between parties hereto, and in the event said price <br />cannot be agreed upon, then the option to renew this Lease shall be null and void. <br />3. Price <br />($750.00) <br />Leeeee shall pay Lessor the sum of Seven hundred fifty doiiars R nn/iM 'c <br />` per Year based on 1+6~5 cubic yards of sand and <br />gravel removed, which shall be full compensation for use of and damage to the Property. The <br />Lessee shall have the right to remove additional quantities of sand and gravel for which <br />Leeeee will pay Leeeor forty cents ~4p~i cubic yard for additional,surface <br />damages based on sand and gravel removed. Paymenk ie to be made on quantities aegmea6u <br />11 ( f <br />County Commissioners. Leeeor shall review and sign said voucher and shall be paid pursuant <br />by Leesee'e engineer,~erif' Le s r' nq Weer Le550r'S Hain Pr to ho ~ <br />at_Les.spr's Expense). <br />4. P Y NT By the 20th days h month during the term hereof, Lessee ehal~- e--; <br />l..~ ; <br />all royalties due Leeeor hereunder and prepare a voucher for submission to the Board of <br />to Lessee's routine payment procedures. <br />5. RECORDS Leeeee shall, at all times, keep written records of the amounts of material <br />removed from the Property, which records shall be available to Leeeor for the purpose of <br />verifying. <br />